norwegian log finance limited
norwegian log finance limited Company Information
Company Number
14235310
Next Accounts
Aug 2025
Shareholders
project neptune midco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
230 london road, earley, reading, RG6 1AH
Website
-norwegian log finance limited Estimated Valuation
Pomanda estimates the enterprise value of NORWEGIAN LOG FINANCE LIMITED at £456k based on a Turnover of £425.7k and 1.07x industry multiple (adjusted for size and gross margin).
norwegian log finance limited Estimated Valuation
Pomanda estimates the enterprise value of NORWEGIAN LOG FINANCE LIMITED at £182.9k based on an EBITDA of £40.9k and a 4.48x industry multiple (adjusted for size and gross margin).
norwegian log finance limited Estimated Valuation
Pomanda estimates the enterprise value of NORWEGIAN LOG FINANCE LIMITED at £40k based on Net Assets of £30.6k and 1.31x industry multiple (adjusted for liquidity).
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Norwegian Log Finance Limited Overview
Norwegian Log Finance Limited is a live company located in reading, RG6 1AH with a Companies House number of 14235310. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2022, it's largest shareholder is project neptune midco limited with a 100% stake. Norwegian Log Finance Limited is a startup, micro sized company, Pomanda has estimated its turnover at £425.7k with unknown growth in recent years.
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Norwegian Log Finance Limited Health Check
Pomanda's financial health check has awarded Norwegian Log Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £425.7k, make it smaller than the average company (£18.8m)
- Norwegian Log Finance Limited
£18.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Norwegian Log Finance Limited
- - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
- Norwegian Log Finance Limited
34.7% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (4.6%)
- Norwegian Log Finance Limited
4.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (103)
4 - Norwegian Log Finance Limited
103 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- Norwegian Log Finance Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £106.4k, this is less efficient (£187k)
- Norwegian Log Finance Limited
£187k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Norwegian Log Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (45 days)
- Norwegian Log Finance Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Norwegian Log Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Norwegian Log Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (69.1%)
99.6% - Norwegian Log Finance Limited
69.1% - Industry AVG
NORWEGIAN LOG FINANCE LIMITED financials
Norwegian Log Finance Limited's latest turnover from November 2023 is estimated at £425.7 thousand and the company has net assets of £30.6 thousand. According to their latest financial statements, Norwegian Log Finance Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | |
|---|---|
| Turnover | |
| Other Income Or Grants | |
| Cost Of Sales | |
| Gross Profit | |
| Admin Expenses | |
| Operating Profit | |
| Interest Payable | |
| Interest Receivable | |
| Pre-Tax Profit | |
| Tax | |
| Profit After Tax | |
| Dividends Paid | |
| Retained Profit | |
| Employee Costs | |
| Number Of Employees | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | |
|---|---|
| Tangible Assets | |
| Intangible Assets | |
| Investments & Other | 6,252,997 |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 6,252,997 |
| Stock & work in progress | |
| Trade Debtors | |
| Group Debtors | 836,040 |
| Misc Debtors | 1,189 |
| Cash | |
| misc current assets | |
| total current assets | 837,229 |
| total assets | 7,090,226 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 2,634 |
| Group/Directors Accounts | 7,040,308 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 16,636 |
| total current liabilities | 7,059,578 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 7,059,578 |
| net assets | 30,648 |
| total shareholders funds | 30,648 |
| Nov 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 837,229 |
| Creditors | 2,634 |
| Accruals and Deferred Income | 16,636 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 6,252,997 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 7,040,308 |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | |
| overdraft | |
| change in cash |
norwegian log finance limited Credit Report and Business Information
Norwegian Log Finance Limited Competitor Analysis
Perform a competitor analysis for norwegian log finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in RG6 area or any other competitors across 12 key performance metrics.
norwegian log finance limited Ownership
NORWEGIAN LOG FINANCE LIMITED group structure
Norwegian Log Finance Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORWEGIAN LOG FINANCE LIMITED
14235310
norwegian log finance limited directors
Norwegian Log Finance Limited currently has 2 directors. The longest serving directors include Mr Scott Bannerman (Aug 2022) and Mr Ian Jeacock (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Bannerman | England | 37 years | Aug 2022 | - | Director |
| Mr Ian Jeacock | England | 57 years | Mar 2023 | - | Director |
P&L
November 2023turnover
425.7k
0%
operating profit
40.9k
0%
gross margin
34.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
30.6k
0%
total assets
7.1m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
norwegian log finance limited company details
company number
14235310
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
project neptune finance limited (September 2022)
accountant
WILSON PARTNERS LIMITED
auditor
-
address
230 london road, earley, reading, RG6 1AH
Bank
-
Legal Advisor
-
norwegian log finance limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to norwegian log finance limited. Currently there are 1 open charges and 0 have been satisfied in the past.
norwegian log finance limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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norwegian log finance limited Companies House Filings - See Documents
| date | description | view/download |
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